Daily Archives: January 29, 2016

Tea Board to take over management control of 7 tea estates

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 28th January, 2016 S.O. 260(E).—Whereas attention of the Central Government has been drawn through various representations to the deteriorating condition of the tea gardens of West Bengal, in particular the tea gardens owned and… Read More »

Govt notified revised Tariff Policy for Power

THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] MINISTRY OF POWER RESOLUTION New Delhi, the 28th January, 2016 TARIFF POLICY No. 23/2/2005-R&R (Vol-IX).—1.0 INTRODUCTION 1.1 In compliance with section 3 of the Electricity Act 2003, the Central Government notified the Tariff Policy on 6 th January, 2006. Further amendments to the Tariff Policy were… Read More »

Zika Virus : Health Minister holds a high level meeting

Union Health Minister Shri JP Nadda holds a high level meeting on Zika Virus Union Minister for Health and Family Welfare, Shri J P Nadda today held a high level meeting comprising senior officials from the Health Ministry and AIIMS to take stock of the situation in view of the recent cases of Zika Virus… Read More »

MoU to provide 1 lakh trade apprentices for youth in 3 years

MoU to provide 1 lakh trade apprentices for youth in over 3 years Ministry of Skill Development and Entrepreneurship in line with Prime Minister’svision to make India skill capital of the world, yesterday signed a Memorandum of Understanding (MoU) with Yashaswi Academy for Skills with an objective to exponentially expand the number of apprentices in… Read More »

Date of agreement to sell is relevant for Section 50C

Held It is apparently clear that the moment an agreement to sell is executed between the parties and part consideration is received, the transfer for the purpose of Section 50C of the Act takes places and computation under Section 48 of the Act will start accordingly, for the purpose of calculating the capital gains under… Read More »